The objective of Monetary Policy in Papua New Guinea is to achieve and maintain price stability. If achieved it will lead to; Confidence in the kina exchange rate and management of the economy; A foundation for stable fiscal operations of the Government; Certainty for private sector businesses to plan for long-term investment and development; and … Continue reading The Bank of PNG publishes the Monetary Policy Statement (MPS) on a six monthly basis in the media. What is the role or benefit of the MPS to the entire population of PNG?
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